A new source of credit data for better decisions

Use Open Banking to obtain financial information with ease and transparency, to reduce risk and build a better customer experience.

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How we help


Using Wysely's journey you access transactional data of your client using Open Banking, giving you access to vast and powerful information that enhances your credit decision process.

 

Reduce the credit risk of your business


Utilise customer transaction data to build highly accurate and transparent financial health checks and affordability metrics. Apply Wysely's machine learning algorithms to produce risk insights and rank your customers into risk categories to come to insightful credit conclusions.

Build a better customer experience


Accelerate onboarding processes and give instant credit decisions. Use a simple and transparent customer journey to access Open Banking transactional data and analyse instantly the credit eligibility of a potential customer.

 
 

Who we help


We help companies that face challenges in improving their credit decision mechanisms and in understanding better the financial strength of their customers and partners. Below are some of the industries we are supporting.


Financial Services


Improve your disbursement to default ratio and increase acceptances across your credit portfolio. Use your own data or Open Banking data and Machine Learning to improve your credit decision processes.


Read more on Financial Services →

Leasing


Conduct income verification and offer instant answers to potential lessees. Assess with risk insights their affordability to tailor your pricing policy to their needs.


Read more on Leasing →

Real Estate & Proptechs


Streamline your screening process for tenants and buyers, utilise property-based customer risk rating, enhance KYC and initiate payments from within your app.


Read more on Real Estate & Proptechs →

Franchise


Evaluate the financial stability and risk profile of your candidate franchisees. Perform continuous screening of your partners' economical viability.


Read more on Franchise →
 

How it's done


Using Wysely's journey you access transactional data of your client using Open Banking, giving you access to vast and powerful information that enhances your credit decision process.

To conclude an onboarding process or to decide on an application, you request from your users to share financial information with you.
Users take on a super friendly and fully GDPR compliant journey, where they connect their bank account(s) and give their consent to share financial information with your business.
Upon user consent, consumer transactional data is transferred to Wysely. We then transform raw data to powerful insights, using data science and proprietary machine learning.
Data is ready to be used. Connect or integrate our API to your existing systems to get insights, or have a report emailed straight to your inbox.